Axcelis Technologies, Inc.
TechnologyNASDAQ:ACLS · NASDAQ Global Select
+$7.84 today
Vol 0.51M · Avg 0.69M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$845.4M of revenue converted into $100.9M of net income for the selected period. Gross margin is 43.5% and net margin is 11.8%, showing how much revenue survives after costs and taxes. EPS is $3.21, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $839.0M -17.6% | $1.0B -10.0% | $1.1B +22.9% | $920.0M +38.9% | $662.4M | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $462.2M -17.9% | $563.2M -11.9% | $639.3M +23.4% | $518.2M +37.8% | $376.0M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $376.8M -17.1% | $454.7M -7.5% | $491.3M +22.3% | $401.8M +40.3% | $286.4M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 44.9% +0.2pp | 44.7% +1.2pp | 43.5% -0.2pp | 43.7% +0.4pp | 43.2% | 9.8% | 28.9% | 38.3% |
| Research & Development | $109.0M +3.3% | $105.5M +8.9% | $96.9M +23.7% | $78.4M +19.8% | $65.4M | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $148.6M +7.4% | $138.4M +7.6% | $128.6M +15.8% | $111.1M +18.6% | $93.7M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $257.5M +5.6% | $243.9M +8.1% | $225.5M +19.0% | $189.4M +19.0% | $159.1M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $17.6M +11.4% | $15.8M +21.0% | $13.1M +12.6% | $11.6M +7.3% | $10.8M | $374.2M | $1.2B | $631.8M |
| EBITDA | $161.2M -35.9% | $251.5M -15.3% | $297.0M +33.7% | $222.1M +63.2% | $136.1M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 19.2% -5.5pp | 24.7% -1.6pp | 26.3% +2.1pp | 24.1% +3.6pp | 20.5% | 5.6% | 46.3% | 42.0% |
| Operating Income | $119.3M -43.4% | $210.8M -20.7% | $265.8M +25.2% | $212.4M +66.8% | $127.3M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 14.2% -6.5pp | 20.7% -2.8pp | 23.5% +0.4pp | 23.1% +3.9pp | 19.2% | 16.6% | 24.1% | 22.0% |
| Interest Income | $21.5M -12.0% | $24.4M +34.1% | $18.2M +299.9% | $4.6M +2077.5% | $209.0K | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $5.4M -1.8% | $5.5M +2.2% | $5.3M -4.1% | $5.6M +15.3% | $4.8M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | $18.9M -2.8% | $19.5M +52.1% | $12.8M +271.3% | -$7.5M -8.4% | -$6.9M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $138.2M -40.0% | $230.3M -17.3% | $278.6M +36.0% | $204.9M +70.1% | $120.4M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 16.5% -6.1pp | 22.6% -2.0pp | 24.6% +2.4pp | 22.3% +4.1pp | 18.2% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $18.0M -38.5% | $29.3M -9.4% | $32.3M +48.3% | $21.8M +0.1% | $21.8M | $1.3B | -$1.6B | $745.2M |
| Net Income | $120.2M -40.2% | $201.0M -18.4% | $246.3M +34.5% | $183.1M +85.6% | $98.7M | $4.9B | $4.8B | $4.7B |
| Net Margin | 14.3% -5.4pp | 19.7% -2.0pp | 21.8% +1.9pp | 19.9% +5.0pp | 14.9% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $4 -38.2% | $6 -18.0% | $8 +35.7% | $6 +88.4% | $3 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $4 -38.2% | $6 -17.2% | $7 +36.1% | $5 +89.6% | $3 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $31.6M -3.0% | $32.6M -0.6% | $32.8M -0.9% | $33.0M -1.5% | $33.6M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $31.7M -3.2% | $32.7M -1.4% | $33.2M -1.1% | $33.5M -2.1% | $34.3M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Vishay Intertechnology, Inc.
NYSE:VSH
$8.14B
ACM Research, Inc.
NASDAQ:ACMR
$6.05B
Navitas Semiconductor Corporation
NASDAQ:NVTS
$5.68B
Synaptics Incorporated
NASDAQ:SYNA
$5.30B
Diodes Incorporated
NASDAQ:DIOD
$4.94B
Power Integrations, Inc.
NASDAQ:POWI
$4.39B
NCR Atleos Corporation
NYSE:NATL
$3.27B
Alarm.com Holdings, Inc.
NASDAQ:ALRM
$2.31B
Concentrix Corporation
NASDAQ:CNXC
$1.60B
Daqo New Energy Corp.
NYSE:DQ
$1.07B
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does ACLS generate?
Axcelis Technologies, Inc. (ACLS) reported $839.05M of revenue in fiscal 2025.
Is ACLS profitable?
Axcelis Technologies, Inc. (ACLS) reported $120.24M of net income, with a net margin of 14.3%.
Explore More
Continue the stock analysis
Jump to another research area for this company.